1.) Price tested 11.9k range high resistance - rejected.
2.) Hourly hidden bearish divergence in tandem with rejection at resistance.
3.) Short-term support based on two swing lows at 11k.
4.) Range: 11k - 11.9k
5.) Still eyeing a run of the 10.5k range.
2.) Hourly hidden bearish divergence in tandem with rejection at resistance.
3.) Short-term support based on two swing lows at 11k.
4.) Range: 11k - 11.9k
5.) Still eyeing a run of the 10.5k range.
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It's possible we could see a bounce right now... however I think the market wants to see much lower.
I'm now expecting a test of $10.5k